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Section 13: Financial provisions

Beach Authority Act · PART III: FINANCIAL PROVISIONS, ACCOUNTS AND AUDIT

consolidated text (as amended). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

13. Financial provisions (1) The Authority shall establish a General Fund— (a) into which shall be paid— (i) all donations, grants and contributions received by the Board; (ii) any other sum which may lawfully accrue to the Fund; (b) out of which all payments required to be made by the Authority shall be effected. (2) The Authority may, with the approval of the Minister, establish such other special fund as it thinks fit for the furtherance of its objects. (3) The Authority shall derive its income from— (a) any charge or fee that may be prescribed; (b) such other source as may be prescribed by the Minister. (4) The auditor to be appointed for the Authority shall be the Director of Audit.

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